Director, Financial Products/Investment Company Tax Advisor

Description

About this role

About this Role

BlackRock is seeking a permanent hire to join its U.S. Product Tax Group. This is an advisory role, with strong technical and business exposure to tax issues related to a wide range of financial products and investments. The team is responsible for providing internal tax advice and consultation on all tax matters related to BlackRock's U.S. fund range, including exchange traded funds, retail mutual funds, business development companies, institutional collective investment funds and separately managed accounts.

The role involves:

• Providing hands-on tax support to the BlackRock U.S. fund business.
• Assistance with new products, including tax structuring and review of documentation, as well as ongoing tax oversight for the fund complexes and vehicles associated with those businesses.
• Advising on complex investments and investment restructurings, including suitability, due diligence, tax structuring, and investment documentation.
• Advising on tax efficient offerings and strategies.
• Monitor and provide input on key tax legislative and regulatory developments that are of relevance to funds and investors.
• Working with the wider US Product Tax team on tax matters which impact BlackRock's broader product offering.

Key Responsibilities

For the assigned U.S. fund ranges:

• Lead tax support in evaluating and developing new products and product changes.
• Develop tax efficient funds and client solutions.
• Lead tax support of BlackRock's client relationship, sales & marketing teams with tax related client communications and materials.
• Provide technical support to members of the broader tax team responsible for covering each of the product ranges.
• Support product development teams in evaluating and developing new products with insightful and practical tax input.
• Monitor key tax legislative and regulatory developments that are of relevance to funds and investors and lead interaction with industry groups and internal business leaders.

Skills and Experience - required

The following are required from all candidates:

• Master's Degree in Taxation, CPA, or JD.
• Extensive knowledge of tax aspects of regulated investment companies, other collective investment fund vehicles and separately managed accounts with a broad range of investment strategies both public and private.
• Excellent knowledge of the US taxation of investors ranging from retail/ high net worth individuals, institutions, financial products/ instruments and funds.
• Strong communication skills, especially with non-tax colleagues be they portfolio managers/ analysts, sales and marketing, management and technology personnel.
• 6+ years financial products/ investment company tax experience.

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

About BlackRock

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.

This mission would not be possible without our smartest investment - the one we make in our employees. It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.

For additional information on BlackRock, please visit careers.blackrock.com | www.blackrock.com/corporate | Instagram: @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock

BlackRock is proud to be an Equal Opportunity and Affirmative Action Employer. We evaluate qualified applicants without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, disability, protected veteran status, and other statuses protected by law.

BlackRock will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.